Are we overconnected?
No large, tightly connected system can be made safe. 930,000 derivative contracts remained outstanding when Lehman Brothers went bankrupt. In 2009 Susan Boyle’s rendition of a Les Mis song circled the globe twice… before she even finished singing it.
These are just some of the ideas and examples that arose last night at a lively event hosted by Churchill Club in Silicon Valley.
And, so the question remains: Are we overconnected?